Sustained robust performance in first half 2021
Highlights H1 2021
Revenue was up 10% at € 89.7 million, organic revenue growth of 3%
EBITDA increased 19% to € 10.6 million; EBITDA margin improved to 11.9% (H1 2020: 10.9%)
Net profit came in at € 9.6 million (H1 2020: € 2.1 million). The increase is due to positive results and a one-off profit on the sale of minority stake in GreenFlux
Three acquisitions were completed in the first half: Yellowstar; Profit and Strypes Nederland and Portugal
Recommended all-cash public offer
On 26 July 2021 the Consortium led by NPM declared the offer unconditional
Upon settlement, 30 July 2021, the changes to the composition of the Supervisory Board of ICT Group, as approved by the EGM on 9 July 2021, became effective.
In total, including the shares tendered during the post-acceptance period, the Consortium holds 98.3% of the share capital of ICT Group
The last day of trading of the ICT Group shares will be on 3 September 2021
Key figures ga naar
210818 ICT Group press release - H1 2021 results ICT Group.pdf


Jos Blejie, CEO of ICT Group N.V.:
We saw the key trends continuing in the 1st half of 2021, with our nearshoring and project activities sustaining their strong performance. These developments led to an increase in revenue and EBITDA in the first half of 2021, compared to the same period in 2020 when the Covid-19 impact started to kick in, in particular in Q2 2020. Inflow of new recruits increased as mobility on the labour market picked up quite well after the Covid-19 constraints. Simultaneously, however, we saw an increase in outflow holding back our organic growth.

Now the offer on all ICT Group shares has been declared unconditional, ICT is about to conclude an important era as listed company. We would like to thank our shareholders for their support during this period in which ICT evolved into a European industrial technology solutions provider.”